Tag: Thailand

Can foreigners buy property in Thailand?

Posted on by Editorial Team

Thailand is one of the most popular countries for real estate buyers in Asia. It’s not strange as it has a developed tourism industry, plenty of visa options available, and a climate and cuisine that suit most people’s taste.

Giving you an example, in Hua Hin alone you can find 3,500 – 5,000 Swedish residents while in Ho Chi Minh City there are only a couple of hundred Swedes. These figures clearly show that Thailand excels when it comes to attracting tourists and other countries still have some miles to go.

In this article, we will focus on the regulations that foreigners have to comply with when buying real estate in Thailand. There are property types that aren’t available to foreigners, depending on how you acquire the units.

Let’s start and review a brief overview of the requirements that foreigners have to meet when buying real estate in Thailand.

Requirements for Foreigners to Buy Property in Thailand

It’s comparably easy to buy real estate in Thailand by Southeast Asian standards. In Indonesia, Myanmar, and Vietnam, for example, foreigners cannot purchase freehold property which is available in Thailand, Cambodia, the Philippines, and Malaysia. Continue reading Can foreigners buy property in Thailand?

Top 4 Real Estate Websites in Thailand

Posted on by Editorial Team

Thailand has been a hot-spot among foreign property buyers for decades back, but the market really took off around 2010. Since then, we have seen various real estate websites popping up, trying to attract local and foreign buyers alike.

Being one of the most popular markets in Asia, it would be an understatement to say that the competition for real estate leads is high in Thailand. Even if places like Vietnam become interesting among investors, Thailand will remain as a prime location with more options.

In this article, we review the four top real estate websites in Thailand and what sets these apart. Let’s start with the biggest one.

1. Dot Property & Thailand-Property

Dot Property and Thailand-Property are two of the biggest real estate websites in Thailand owned by Dot Property Group. Continue reading Top 4 Real Estate Websites in Thailand

Thailand Property Prices: An Overview

Posted on by Editorial Team — 1 Comment

thailand-property

Thailand is one of the most visited countries in the world that relies much on foreign investors. The country was affected badly, to say the least as COVID-19 spread over the world and reduced investments to a minimum.

It’s not easy to discuss future outcomes or current prices when the market is turbulent and behave abnormally. With that said, we have collected data and information to understand how the Thai real estate market has been affected, reviewing real estate prices in different cities and islands.

In this article, we analyze the top investment destinations among foreigners, including Bangkok, Phuket, Koh Samui, and Pattaya. If you have any questions or valuable information you would like to share, feel free to write a comment below.

Bangkok

Bangkok’s real estate market has been hit hard due to the COVID-19 pandemic and new supply was down more than 73% in Q2 2020 compared to the previous year.

Saying that both the tourism industry industries have been heavily disrupted would be an understatement. The demand and supply have decreased tremendously and around 100,000 units were unsold in May 2020, according to Knight Frank Thailand. Continue reading Thailand Property Prices: An Overview

Top Areas to Buy Properties in Bangkok

Posted on by Editorial Team

best-areas-buy-bangkok-property

Bangkok is the most visited city in the world and attracted as many as 22.7 million travelers in 2019. Foreign investors have poured in, particularly from countries and regions like Hong Kong, mainland China, and Singapore, driving up prices.

If you have visited Bangkok a few times and aren’t sure about where you should buy real estate, you have come to the right place. In this article, we list the neighborhoods, the most interesting areas to buy, and finally, explain briefly about the most luxurious areas. Continue reading Top Areas to Buy Properties in Bangkok

COVID-19’s Impact on Thailand’s Real Estate Market

Posted on by Editorial Team

bangkok-skyline

Real estate markets all over the world experience a turbulent period and it’s difficult to say what the end result will be in the coming months. It mainly comes down to how long lockdowns will be in place and for how long countries will keep their borders closed.

The Thai property market started to slow down in 2019 and the market was predicted to continue on that track even before the COVID-19 crisis started. Many homeowners will face challenges, at the same time as novice investors will look for a discounted property.

To keep you updated about the real estate market in Thailand during these uncertain times, we’ve written this article and where we will share updates weekly. Continue reading COVID-19’s Impact on Thailand’s Real Estate Market

List of Serviced Apartments in Bangkok: Our Top 7 Picks

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bangkok-house

Are you moving to Bangkok and looking for a suitable serviced apartment?

Bangkok is one of the busiest business and tourist cities in Southeast Asia, this is also reflected in the wide choice of serviced apartment companies that operate here.

A serviced apartment represents a flexible option, whether you are planning to travel to Bangkok for business or vacation purposes.

In this article, we list 7 serviced apartment companies and compare them according to their rent span, unit size, minimum duration of stay, location and facilities.

Overview

Benefits of renting a serviced apartment in Bangkok

First of all, serviced apartments are different than traditional apartments, as you don’t have to buy furniture or kitchen appliances, as they come fully furnished and equipped. Continue reading List of Serviced Apartments in Bangkok: Our Top 7 Picks

Buying Condos in Phuket: The Ultimate Guide

Posted on by Editorial Team — 2 Comments

phuket-condo

Phuket is an amazing holiday destination and is fast becoming one of the world’s most visited islands. In 2018, Thailand attracted nearly 35 million visitors and almost one third of those spent time in Phuket.

And the amount of travelers is expected to rise significantly in the coming years.

There’s a prediction that mainly Chinese will flood the Phuket real estate market as they struggle with property prices back home. They’ve also become more aware of the opportunities to buy overseas property to use as investment vehicles.

Yet, before you buy real estate in Phuket, it’s important that you get your feet wet and learn about the market, where to buy, about prices, and more.

In this article, you’ll about learn the following:

Continue reading Buying Condos in Phuket: The Ultimate Guide

Phuket Condos for Sale: 7 Interesting New Projects & Launches

Posted on by Editorial Team — 2 Comments

phuket-property-for-sale

Located along the beautiful Western shoreline in Thailand, Phuket is one of the most visited places in Thailand. Some foreigners even decide to settle down here full time.

You’ll find a number of established and off-plan properties with great amenities. A benefit of investing in Phuket is that developers often offer high guaranteed rental incomes if you invest in the right areas.

In this article, you’ll learn about some of the most interesting new property projects for sale in Phuket, including villas, condos, condotels, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Projects Covered

Continue reading Phuket Condos for Sale: 7 Interesting New Projects & Launches

Property for Sale in Bangkok: 7 Interesting New Projects & Launches

Posted on by Editorial Team

thailand-property-for-sale

Bangkok is the most visited city in the world and a favorite spot for many overseas property buyers. Personally, Bangkok is one of my favorite cities in Asia.

Even if the Thai economy is growing slowly, people still get attracted to this international melting pot for a number of reasons. With significantly lower property prices than places like Singapore, Hong Kong, and Shanghai, Bangkok will continue to be the number one choice.

Often, investors prefer to buy either new or off-plan properties, but we also see a demand for established property.

In this article, you’ll find interesting new condos for sale in Bangkok, in places like Sukhumvit Road, Sathorn, the Riverside, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2020-01-08

Continue reading Property for Sale in Bangkok: 7 Interesting New Projects & Launches

How to Rent Out Property in Bangkok: A Complete Guide for Foreigners

Posted on by Editorial Team

Bangkok has rapidly established itself as an attractive property investment destination in the heart of South East Asia.

This is due to a combination of factors, from comprehensive property ownership laws for foreigners, strong rental yields (on average between 4-6%), and good capital appreciation potentials spurred by the city’s rapid development.

These factors are complemented by the relative affordability of property in Bangkok, and the fact that the City offers an appealing lifestyle that attracts visitors and expats from around the world!

It comes as no surprise that international investors, especially from Singapore, Hong Kong, China and even the Middle-East, have been investing in buy-to-let property in the Thai Capital.

How do landlords find rental clients for their properties?

There are usually two main ways landlords would go about finding rental clients from their investment:

Continue reading How to Rent Out Property in Bangkok: A Complete Guide for Foreigners